Copy Trading is a Signals service made available through MetaQuotes and specifically through the MQL5 community.
Copy Trading, as the name implies, is the copying of the trades of another trader into your own account. This service is meant to be mutually beneficial for both the Signal Provider and Signal Subscriber as the Provider charges a fee for his services and the Subscriber gets to mirror the trades of traders who are possibly more experienced.
More information regarding MQL5, signals and the community forum can be found on MQL5.com which is the official website for this service.
If you are interested in our Copy Trading Service, please visit our Signal Subscribers page.
If you already have an account with FXTM, you can follow the steps below to get started:
To subscribe to a signal with a monthly fee, you must first fund your MQL5 account. Please follow the steps below to do so:
It depends on the Signal Provider. Each Signal Provider can set his own fee. That being said, you should be able to find a wide choice of signals that are free of charge.
For paid Signals:
To register as a Signal Provider, please follow the steps below:
No, he does not.
Signal Providers can only see the total number of signal subscribers that are currently following their signals.
Trades will not be synchronized with your Signal Provider’s account.
Please note that it is your responsibility to set the limits on your account.